Key Insights:
- XRP liquidations reached $26.02 million across seven exchanges, with long positions accounting for 98.4%.
- Binance recorded 691 million XRP in whale inflows worth more than $900 million.
- Ali Charts identified $1.14 as key support, with a possible rebound toward $1.30
XRP price remains under pressure after heavy long liquidations hit the market. Meanwhile, Binance recorded its largest daily whale inflow since 2024 to complement current XRP news as traders are watching $1.10 and $1.14 as key support levels.
XRP Price Faces Selling Pressure as Long Liquidations Rise
XRP price remains under pressure after a sharp decline triggered heavy liquidations across several cryptocurrency exchanges. Data shared by KKapon showed that XRP liquidations reached $26.02 million across seven tracked exchanges on November 9. Long positions accounted for 98.4% of the total.
This means traders who expected XRP to rise suffered most during the latest move. The forced closures added to selling pressure as the token moved below important price levels.
Market analyst CasiTrades had earlier identified $1.10 as a downside target. That level has now been reached, bringing attention to whether buyers can defend the price. The analyst also pointed to the need for support to hold after forced selling begins to slow.
A price bounce alone may not be enough to show that XRP has recovered. Traders will need to see whether buyers return and selling pressure eases. If support fails, the market could remain exposed to further losses.
Binance Whale Inflows Add to XRP News Concerns
Another development drawing attention in XRP news is the sharp rise in whale transfers to Binance. According to analysis shared by Darkfost, about 691 million XRP entered the exchange in one day. The transfers were worth more than $900 million.
This marked the largest daily whale inflow since 2024. It also exceeded the previous record set in February 2026, when the market experienced another period of heavy selling.
The rise was not limited to one day. Darkfost reported that the 90-day moving average of XRP inflows had climbed above $100 million per day. This was its highest level in nearly six months.
The move below $1.30 may have encouraged some large holders to send their tokens to Binance. They could be preparing to sell, reduce losses or protect gains. However, exchange deposits do not prove that those tokens have been sold.
October 29 Binance hack may also explain part of the increase. Around 233.5 million XRP were stolen during the incident. Some transfers could therefore be linked to efforts to replenish exchange reserves.
XRP was also trading more than 67% below its latest all-time high. For now, exchange inflows and actual trading volumes remain important figures to watch. A sustained rise in selling would suggest greater pressure than an isolated transfer spike.
XRP Price Support at $1.14 Could Shape the Next Move
In separate XRP news, Ali Charts said XRP had reached the lower edge of a descending channel that has guided its price over the past month. The market analyst said $1.14 needs to hold for a possible rebound toward the upper boundary near $1.30. That move would represent a potential 13% gain from current levels.
The outlook depends on buyers defending the support level. Recent liquidations and whale deposits make the next move uncertain. Traders will be watching whether demand returns around the lower channel boundary.
Beyond the chart, XRP news has also focused on concerns about the XRP Ledger. Panos, a holder and contributor, said he remains positive about XRP and XRPL over the long term. However, he questioned the network’s current direction and the results delivered so far.
He pointed to daily decentralized exchange volume of about $5 million and total value locked near $35 million. He argued that partnerships and announcements do not automatically bring liquidity, useful applications or demand.
Panos also said Ripple’s success as a company, XRPL’s growth as a network and XRP’s value are three separate matters. One does not guarantee the others. He called for better execution and stronger support for builders.
Those concerns do not determine the next XRP price move. The immediate tests remain whether selling pressure fades and whether $1.14 holds. Whale deposits, liquidation figures, and trading activity will be important signs to watch.
